Philippine real estate set for takeoff as economy accelerates The Philippines is reasserting its position on the global stage as one of the world’s hottest markets for luxury homes thanks to its increasingly liberalised economy Filipinos are in the mood for spending once more, be it on residential real estate or purchases at the shopping mall. This resurgence comes as...
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Aboitiz InfraCapital Economic Estates has signed contracts with two logistics companies Prestige Warehousing and Logistics (PWL) and JBY Equipment & Impex Logistics Inc. which will invest in West Cebu Estate in Balamban, Cebu. The industrial inventory release at West Cebu Estate has triggered a surge in investor interest, underlining the scarcity of available inventory in the ma...
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MANILA – The Philippine economy grew by 5.9 percent in the third quarter of the year, bringing the year-to-date economic growth to 5.5 percent. National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said this makes the Philippines among the best-performing economies in Asia. “In the face of many domestic and international challenges, we have effectively im...
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MANILA – The Philippine economy grew by 5.9 percent in the third quarter of the year, bringing the year-to-date economic growth to 5.5 percent. National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said this makes the Philippines among the best-performing economies in Asia. "In the face of many domestic and international challenges, we have effectivel...
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Rising Land Costs Pose Significant Challenge for Economic and Socialized Housing Development in Metro Cebu By: Samuel Lao, Real Estate Broker - Cebu City, October 22, 2023 The bustling urban sprawl of Metro Cebu, stretching from Cebu City to Carcar in the South and Danao to the North, has long been a hub of economic growth and development. However, a pressing issue now threatens to...
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Some 446 information technology-business process management (IT-BPM) companies registered with the Philippine Economic Zone Authority (PEZA) have applied to shift their registration to the Board of Investments (BOI). PEZA said these firms made it to the December 16 deadline imposed to submit an application. They also represent 41 percent of the 1,088 IT-BPM registered busi...
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